DEFINESPACE ARCHITECTS
ActiveDEFINESPACE ARCHITECTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-54k) and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1985 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
16
/ 100
Critical▲ +9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.44 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-193.4%
Return on assets
32.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1985 sector peers (2025).
NBB · sector comparisonPosition among 1985 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
on the day
2023
30 d late
2022
43 d late
2021
152 d late
2020
61 d late
2019
84 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k
2024 · €-68k
2018: €-21k
2019: €4k
2020: €19k
2021: €1k
2022: €9k
2023: €-10k
2024: €-68k
2018 → 2025
Working capital
€-55k▲ 25.6%
2024 · €-74k
2018: €-21k
2019: €-16k
2020: €3k
2021: €59k
2022: €-15k
2023: €-15k
2024: €-74k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€15k▲ 151%€5k▼ 64.4%€-63k€-54k▲ 14.2%
Operating result€4k-€19k▲ 354%€-11k€-65k▼ 491%€10k
Net result€1k-€9k▲ 579%€-10k€-68k▼ 602%€9k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €65k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€1k▼ 88.2%
Current assets
€26k▼ 54.6%
Key figures and ratios
EBITDA
€20k▲
2024 · €-56k
Cash flow
€19k▲
2024 · €-58k
Solvency
-193.4%▼
2024 · -90.0%
Current ratio
0.32▼
2024 · 0.44
Quick ratio
0.32▲
2024 · 0.01
Debt / equity
-1.52▲
2024 · -2.11
ROE
-16.6%▼
2024 · 108.5%
ROA
32.1%▲
2024 · -97.7%
Interest coverage
14.78▲
2024 · -103.55
Debt
€82k▼
2024 · €133k
Debt ≤ 1 year
€82k▼
2024 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€28k▼
Fixed assets21/28€11k€1k▼
Tangible fixed assets22/27€11k€1k▼
Furniture and vehicles24€10k€1k▼
Leasing and similar rights25€1k€0▼
Current assets29/58€58k€26k▼
Stocks and contracts in progress3€57k-
Contracts in progress37€57k-
Amounts receivable within one year40/41€1k€26k▲
Trade receivables40-€2k
Other amounts receivable41€1k€24k▲
Cash at bank and in hand54/58€27€324▲
Equity and liabilities
Total equity and liabilities10/49€70k€28k▼
Equity10/15€-63k€-54k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-69k€-60k▲
Amounts payable17/49€133k€82k▼
Amounts payable within one year42/48€133k€82k▼
Current portion of amounts payable after more than one year42€5k€5k=
Trade debts44€69k€16k▼
Suppliers440/4€69k€16k▼
Advances received on contracts in progress46€43k€46k▲
Taxes, remuneration and social security45-€15k
Remuneration and social security454/9-€15k
Other amounts payable47/48€16k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€80-
Non-recurring operating charges66A€12k€3k▼
Gross operating margin9900€-44k€23k▲
Operating profit (loss)9901€-65k€10k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€537€1k▲
Recurring financial charges65€537€1k▲
Profit (loss) for the period before taxes9903€-66k€9k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-68k€9k▲
Profit (loss) for the period to be appropriated9905€-68k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-60k▲
Profit (loss) brought forward from the previous period14P€-834€-69k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-68k
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 2.62
Current ratio from 1.06 to 2.62; short-term debt falls from €54k to €37k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €19k ▲393%
Net result €19k, the highest in the series.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 84 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koninklijke Sinte-Mariastraat 37A1030 SchaarbeekGround area
5,094 m²
Building footprint
2,821 m²
Volume, LiDAR
90,920 m³
2 parcels, Brussels · tallest building 49.8 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20182.290.422.792
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0256/00N004 | Brussels | 4,946 m² | 1 · 2,675 m² | 49.8 m · 12 fl. |
| 21908E0236/00P005 | Brussels | 148 m² | 1 · 146 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ARCHITECTURAL DESIGN ASSOCIATES - Societe Multiprofessionnelle d'Architectes
BE 0477.495.960
Oudergem · Eq €5k
MORALES FINCH ARCHITECTES
BE 0686.994.085
Vorst · Eq €5k
A3BW Architecten
BE 0471.075.451
Antwerpen · Eq €5k
BLONDEAU ARCHITECTURE
BE 1005.870.006
Antwerpen · Eq €5k
CRU! Architecten
BE 0769.960.462
Gent · Eq €5k
Of 18,210 companies in sector 71111 we hold annual accounts for 6,293. 2,367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2008
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
68110Buying and selling of own real estate
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.